On April 23, the Information Office of Liaoning Provincial People’s Government held the second press conference of the “Good Start in the Economy in the First Quarter of 2023” series, introducing the development of investment promotion, investment and project construction, and cultural and tourism industry in Liaoning Province since the beginning of this year.

Investment in Liaoning has shown a steady and sustained upward trend. In the first quarter, fixed asset investment in Liaoning increased by 11.9% year-on-year, which is the best level in recent years and 6.8% higher than the national average. This year, investment growth in 12 cities in Liaoning have exceeded the national level and maintained double-digit growth. Among them, Fushun and Benxi have rapid growth, with growth rates of 52.6% and 34.4%, respectively; Jinzhou, Huludao, Fuxin, Yingkou, and Dandong have growth rates exceeding 20%. The “dual core” role of Shenyang and Dalian is highlighted, with a total investment completion ratio of 48% of the province. At the same time, major project construction is well supported, with 8,215 projects in the province, an increase of 13.7%, and a growth in completed investment of 21.2%. Among them, there are 3,135 projects with an investment of over 100 million yuan each, an increase of 14.4%, and 382 projects with an investment of over 1 billion yuan each, an increase of 17.5%.

In the first quarter, investment promotion in Liaoning achieved rapid growth, with 283.65 billion yuan of funds in place, a year-on-year increase of 21.8%. Among them, domestic funds in place reached 271.12 billion yuan, a year-on-year increase of 31%, while the foreign direct investment in actual use reached 1.92 billion U.S. dollars, ranking 8th in the country. Foreign trade in Liaoning has stabilized and improved, with the province’s total goods imports and exports reaching 188.96 billion yuan, a year-on-year increase of 3.7%. Among them, exports reached 86.11 billion yuan, an increase of 8.1%, while imports reached 102.85 billion yuan, an increase of 0.3%. The growth rate is 10.9% higher than the previous two months, which is 0.1% higher than the national level.

The cultural and tourism industry in Liaoning Province has achieved a recovery in growth. In the first quarter, the number of tourists received in the province reached 61.934 million, a year-on-year increase of 46.3%, and the total tourism revenue is 30.5 billion yuan, a year-on-year increase of 22.6%. In addition, there are 101 new, continued, renovated, and expanded tourism projects completed in the province with a total investment of 2.9 billion yuan, a year-on-year increase of 11.5%. Next, Liaoning will focus on developing the “Liaoli” (Liaoning Gifts) cultural and creative brand, promoting the “Liaowei” (Liaoning Cuisine) food culture brand, and expanding the “Liaojie” (Liaoning Festivals) characteristic festival brand to increase the cultural influence of Liaoning.